SOHO Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Sotherly Hotels Inc. is Fair to Shareholders

Core Viewpoint - Halper Sadeh LLC is investigating the fairness of the sale of Sotherly Hotels Inc. to KW Kingfisher LLC for $2.25 per share in cash, focusing on the rights of Sotherly shareholders [1][2]. Group 1: Investigation Details - The investigation examines whether Sotherly and its board violated federal securities laws and fiduciary duties by not securing the best possible consideration for shareholders [2]. - Concerns include whether KW Kingfisher is underpaying for Sotherly and if all material information necessary for shareholders to assess the merger has been disclosed [2]. Group 2: Potential Actions - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other forms of relief related to the proposed transaction [3]. - The firm operates on a contingent fee basis, meaning shareholders would not incur out-of-pocket legal fees or expenses [3].